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VanEck makes European appointment


VanEck has appointed Martijn Rozemuller as European Head of VanEck. The firm writes that this appointment sees VanEck further expanding its ETF business in Europe, in response to the increasing popularity of these products in the region.

Rozemuller was previously managing director of Dutch ETF provider Think ETFs, which was acquired by VanEck at the beginning of the year. The transaction is now complete and the Think ETFs brand will continue for the time being.
VanEck writes that as part of his role, Rozemuller will also form the European Board of Operations together with his colleague and co-founder of Think ETFs Gijs Koning, and will report directly to CEO Jan van Eck, based in New York.
“I am delighted to welcome Martijn Rozemuller as European Head of VanEck. He has a wealth of experience, having founded and successfully grown Think ETFs over a period of more than 10 years,” says Jan van Eck, CEO of VanEck.
Global asset manager VanEck manages assets totalling around USD 45 billion and is among the 10 largest ETF providers in the USA. Prior to the acquisition of Think, VanEck had two European offices, in Frankfurt and Pfäffikon, in Switzerland. The completion of the Think transaction means it now has an office in Amsterdam also. The acquisition has also increased the company’s assets under management in UCITS funds to USD2.6 billion.
“The acquisition of Think has created synergies on both sides and we benefit from the fact that Think has created a strong reputation with its high-quality products. We will use this, along with the Think management’s expertise, to benefit our customers in Europe.
“Think ETFs and VanEck share the same values and philosophy – to represent the interests of the client for the long term. Together we will assume an even stronger position in Europe,” said Jan van Eck.

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